Charles (Poppa Koppa) has been a tireless investigator since the mortgage misery began. It was he who saw the correlation between the amount of the wrongful “credit bid” at auction and the amount reported to investors and regulators and insurers and guarantors. I just received the following from him. He and his team are focusing in on the plain fact that none of the transactions referenced or implied by “assignment,” “indorsement” or “power of attorney” ever happened. None of the “documents” are true. The courts are mostly running on the biased and completely incorrect underlying assumption or narrative that any of the foreclosing parties had any legal role in originating, transferring or even processing loans or payments on loans. The entire scheme is a fraud with pennies being sent out to keep “investors” pacified while their wallets are being purged of any value.

Here is what Charles Koppa wrote to me —–

We formed www.TitleTrail.com when I realized that “The Title Insurance Industry”, “MERS”, and “Foreclosure Attorney-Trustees” had co-conspired with loan servicers at the expense of both home owners and investors “No paper trail, no government compliance, no knowledge of the REMIC investors, no knowledge of the borrower, etc”.

SEVEN Potential crimes by a pattern of dozens of unethical financial services “players”:

13 Responses

Neil,
Could you find out why im getting usedkarguy@yahoo.com email from wells fargo re: Case 170625823 sent to me on 9/32/3014 @ 5:55pm. Then on 8/26/2014 I got email for daniel@westwind solar @4:33pm from wells fargo. Im not finding this amusing as wells fargo foreclosed on my home 4 years ago september 10′ 2010. Iv been homeless all this time living in my car wanting to go home but can’t because my home was stolen from me. Would you plesse see why im getting someone else email. Every time I see wells Fargo my nerves fray a little more.
Sincerely
Laurie Mendoza

BTW, I attempted to link the admission of felonies by JP Morgan in the Kalicki case to the bid-rigging felony in my case by way of a “confession” by the trustee as a result of discovery. The appallant kourt presented a bizarre point about agency after briefs were submitted, and did not invite briefs about their contention, leaving only oral arguments available for argument. And at oral args the kourt interrupted our argument leading to bid-rigging to press their contention (that had no factual basis)..

What Poppa Koppa is facing in CA is an appellate judiciary willing to create material facts to support a contention not presented at trial nor supported by parties to the action. And when the prejudice to the borrower of that breach of ethics is presented to the CA Suckpreme Court, review is denied without comment.

mycookiejar, in reality Notes are never made into securities or bond or converted into as the securities and bond are by-products. They are total separate transaction and the homeowners are not even privy to what happen because, the point spread. It winning by 3 point or more, and has nothing to actual do with who won the game. Score 23-21 and the spread is 3 and you lose even if you picked the winner of the game.

A securities and or bond is the same thing as they are betting on the performance of the loans, but they don’t own the loans. Best example is Ginnie Mae were it different than Fannie and Freddie who does not own loans. A Ginnie Mae investor is insured by the Federal Gov at 100% of the initial investment, which is the motivating reason to by Ginnie Mae MBS!

See related link above. CUSIP applications Converting notes to bonds. Scroll down to the comment section and Read Jans comments. Especially Deb. #5 of 11 in the above article makes for a good read. Especially for Charles.